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Blockchain good, cryptocurrency bad?

IndiaChain: Parsing the Indian government’s blockchain fetish

As the government explores blockchain solutions under ‘IndiaChain’ while actively rejecting cryptocurrencies, one must ask if this is an informed decision or mere lip service to an over-hyped technical term du jour

21/02/18

Sumanth Raghavendra

The recent Budget speech from the Finance Minister signalled a strong intent to explore blockchain while ruling out cryptocurrencies

But by its very design, blockchain is saddled with several generic disadvantages around efficiency, scalability and costs

Here, we look at the first blockchain solution that has been announced—the proposal to issue blockchain-based academic certificates from IIT Delhi

But how would such a blockchain system work? And would it be safe?

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Our Finance Minister, Arun Jaitley, delivered his annual Budget speech on 1 February. The only technological aspect that Mr Jaitley covered in his speech related to a “hot” topic, one that is all the raging topic du jour in startup circles all over the world—cryptocurrencies and blockchain.

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